This article has been researched and written by Scott Greaves and the team at Creation Business Consultants and has not used AI in generating this article.
The United Arab Emirates (UAE) is once again booming, but this time it is not just in the real estate sector. Thousands of foreign investors, remote workers and working professionals are pouring into the gulf state, attracted by not only investment opportunities, but a higher quality of life as well. It is common knowledge that the UAE has always been “open for business”, but that statement rings even more true today than it ever has in the past.
Dubai in particular has seen the largest population spike, with a record breaking 50,000 new residents in the past 6 months, bringing the emirate’s population to more than 3.6 million. With no signs of slowing down, and implementation of Dubai’s groundbreaking 2040 Urban Masterplan, the sun-soaked gulf state has never been more attractive.
So why is Dubai and the UAE booming again? And more importantly, how can you get in on the piece of the action? Below is a general guide on the opportunities and challenges for investors in the UAE market.